UTI Retirement Fund (G)

UTI Retirement Fund (G) is a scheme launched by UTI Mutual Fund on December 26, 1994, and falls under the Retirement Funds fund category. It currently manages an AUM of Rs NaN crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.69% (As on Oct 2021)% for managing the portfolio.

• Investing Strategy:

  An open-ended balance fund with a maximum equity allocation of 40%and the balance in debt. This ensures to provide pension to investorsparticularly self-employed persons after they attain the age of 50 years, in the form of periodical cash flow upto the extent of repurchase value of their holding through systematic withdrawal plan.

• Performance:

  UTI Retirement Fund (G) trailing returns over different times are 8.9% (1 year), 12.27% (3 year) and 10.9% (5 year). The average annual return of this fund stands at -0.55%.